The Treasury Secretary might win points with his boss, President Trump,but he will earn no points from the bond vigilantes.

Treasury Secretary Bessent doubled long-term debt buybacks to $4B per operation, pushing yields lower and complicating Fed Chair Warsh's

"What do I know that the market doesn’t know?"

US Treasury bond intervention struggles as yields rebound. Gold reaching $4,700 in August 2026 now at 57.9% YES.

Treasury Secretary Scott Bessent initiated a "Treasury twist" to influence bond yields. This move aimed to lower long-term borrowing costs for the administration. However,…